Lazard Convertible Global Fund receives 3 Lipper Fund Awards

Press releases — Frankfurt

March 16, 2018

FRANKFURT, 16 March 2018 – The Lazard Convertible Global Fund (SICAV) has received three 2018 Thomson Reuters Lipper Awards in recognition of its superior performance.

At yesterday’s awards ceremony in Frankfurt, the Fund was awarded “best fund” in the Global Convertible Bonds category over 3-year, 5-year, and 10-year periods.

The Lazard Convertible Global Fund ranked 1st out of 62 eligible funds for the 3-year period, 1st out of 51 eligible funds for the 5-year period and 1st out of 27 eligible funds for the 10-year period. At the recent Lipper Fund Awards in Austria, the fund also successfully prevailed against all competitors in its category over the same periods.

“We congratulate the portfolio manager, Arnaud Brillois, and his team for this achievement. The awards demonstrate the consistency with which we meet and exceed our clients’ expectations,” said Andreas Hübner, Chief Executive Officer of Lazard Asset Management (Deutschland) GmbH.

The Lazard Global Convertible Fund is a pure global convertible bond portfolio managed through an active bond picking approach based on fundamental and technical analysis of convertible bonds. The fund relies on a mainly bottom-up fundamental strategy comprising financial analysis of companies issuing bonds and of underlying equities and analysis of the technical features of issuance contracts. The fund’s overall exposure to interest rates and equity markets is actively managed.

The Thomson Reuters Lipper Fund Awards honors funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers, based on Lipper’s proprietary performance-based methodology.

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